XAUUSD intraday structure still shows a bearish bias after the recent upside push failed to sustain above the resistance zone.
Price is currently reacting below the sell zone, and short-term momentum continues to favor sellers.
As long as price remains below the upper resistance area, the current setup still supports a sell on pullback idea more than a buy continuation.
Sell Plan
Primary scenario remains bearish:
Sell zone: 4539 - 4541
SL: 4550.6
TP1: 4530.4
TP2: 4520.3
TP3: 4510.2
The preferred execution is to wait for price to retest the zone and show bearish confirmation before entering.
Avoid chasing price after a strong impulsive drop.
Buy Plan
Buy is only an alternative scenario:
Only consider long positions if price reclaims and holds above 4545 - 4550
Confirmation should come from strong bullish candles / breakout acceptance
Upside targets: 4558 / 4565 / 4575
My View
At the moment, SELL remains the primary plan and BUY is only a secondary scenario if structure changes.
Trade the zone, not emotion.
Wait for pullback, wait for confirmation, and manage risk properly.
This analysis is for planning purposes only, not financial advice.
#XAUUSD #Gold #Forex #TradingView #PriceAction #JTrader
Price is currently reacting below the sell zone, and short-term momentum continues to favor sellers.
As long as price remains below the upper resistance area, the current setup still supports a sell on pullback idea more than a buy continuation.
Sell Plan
Primary scenario remains bearish:
Sell zone: 4539 - 4541
SL: 4550.6
TP1: 4530.4
TP2: 4520.3
TP3: 4510.2
The preferred execution is to wait for price to retest the zone and show bearish confirmation before entering.
Avoid chasing price after a strong impulsive drop.
Buy Plan
Buy is only an alternative scenario:
Only consider long positions if price reclaims and holds above 4545 - 4550
Confirmation should come from strong bullish candles / breakout acceptance
Upside targets: 4558 / 4565 / 4575
My View
At the moment, SELL remains the primary plan and BUY is only a secondary scenario if structure changes.
Trade the zone, not emotion.
Wait for pullback, wait for confirmation, and manage risk properly.
This analysis is for planning purposes only, not financial advice.
#XAUUSD #Gold #Forex #TradingView #PriceAction #JTrader
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.